January 10, 2019

BP Unlocks One Billion Barrels In Gulf Of Mexico With New Tech

Earlier this decade, BP and the Gulf of Mexico was an awkward and uneasy collocation for the UK oil supermajor after the 2010 Deepwater Horizon disaster. […]
November 20, 2018

Alberta To Fight “Air Barrels” As Prices Continue To Plunge

Albertan oil producers need to become warier of overbooking already filled to capacity oil pipelines creating what’s commonly called “air barrels” as these contribute to the […]
November 6, 2018

South Korea To Restart Iran Oil Imports At 4M Barrels Per Month

South Korea will resume Iranian crude oil imports at a rate of about 4 million barrels a month, S&P Global Platts reports, citing three unnamed South […]
October 29, 2018

Iran Sells First 280,000 Barrels Of Crude On Exchange

A little over a quarter of a one-million-barrel offering of Iranian crude on the local energy exchange found buyers in the first day of trading, IRNA […]
August 29, 2018

$8B Investment In Brazil Could Unlock 5 Billion Barrels Of Oil

Decommissioning costs for Brazil’s mature, offshore Campos basin could come it at a whopping US$8 billion through 2025, but according to Wood Mackenzie, investing that same […]
August 21, 2018

U.S. To Release 11 Million Barrels From Strategic Petroleum Reserves

The United States is set to release 11 million barrels of oil from its Strategic Petroleum Reserves (SPR) ahead of Iranian sanctions that are set to […]
July 3, 2018

BREAKING: New Tech Just Unlocked A Trillion Barrels Of Oil

“Heavy Oil” is basically a dirty word in the energy world. But that’s all about to change. Energy Tech company Petroteq Inc. is using a new […]